New Forecast Predicts Multifamily Vacancy Rate to Increase by Year’s End

by Phil Hall | May 7, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The national multifamily vacancy is estimated to increase to 8.8% by the end of this year before easing to 8.4% at the end of 2027, according to a revised forecast from Apartments.com, a division of CoStar Group (NASDAQ: CSGP). Apartment rent growth is predicted to...

Mortgage Rates Up for Second Straight Week

by Phil Hall | May 7, 2026 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates were on the rise for the second consecutive week, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.37% as of May 7, up from last week when it averaged 6.30%. A year ago at...

Home Equity Rates Declined in Q1

by Phil Hall | May 7, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new data report from ATTOM determined that 43.3% of mortgaged residential properties during the first quarter were equity rich, down from 44.6% in the previous quarter. This marked the lowest share of equity rich residential properties since the fourth quarter of...

Urban Construction Accounted for 11% of New Q1 Listings

by Phil Hall | May 7, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Only 10.9% of new housing construction listings were in urban ZIP Codes during the first quarter of this year, according to new data from Realtor.com. However, urban new construction carries a 78.4% price premium over urban existing homes, with a median listing price...

Q1 Commercial/Multifamily Borrowing Up 52% Year-Over-Year

by Phil Hall | May 7, 2026 | Commercial Real Estate News, Current News & Events, Mortgage Information, Real Estate News, WRE News Exclusive

Commercial and multifamily mortgage loan originations experienced a 52% year-over-year surge in the first quarter of this year, although they were also down by 30% from the fourth quarter of 2025. According to data from the Mortgage Bankers Association (MBA), increase...